BioCentury
ARTICLE | Finance

Mirae’s Western expansion

New Mirae/Celltrion VC fund will expand financial group into U.S., European biotech

March 17, 2017 9:34 PM UTC

Mirae Asset Financial Group is tapping the Western market experience of biosimilar company Celltrion Inc. (KOSDAQ:068270) to expand its VC investments outside of Asia.

The partners will jointly launch a healthcare fund this month. Each will contribute half of the fund’s W150 billion ($135 million), according to Mirae’s Hyun Tae Kim. ...

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Celltrion Inc.